Usd/cad

Discussion in 'Forex' started by Ivanovich, Sep 30, 2005.

  1. Careful, '91 lows are a blink away. Might be a vacuum underneath.
     
    #421     Feb 28, 2006
  2. Massive long postion at .1360, no stop
     
    #422     Feb 28, 2006
  3. Massive short position at 1.136 no stop.
     
    #423     Feb 28, 2006
  4. ^ I appreciate that, I really do.
     
    #424     Feb 28, 2006
  5. I might aswell give you my bank details so you can transfer the funds directly.

    Pip pip.
     
    #425     Feb 28, 2006
  6. Meh, it's been my experience not to use stops on this pair. It's intraday volatility is outrageous. I was constantly getting hit by short-term spikes in the price. I would not however short at these historical low levels, without a stop at that.
     
    #426     Feb 28, 2006
  7. ^ Yes, I'm fully aware that my previous statement is contradictory. But hey, I gotta do what works for me.
     
    #427     Feb 28, 2006
  8. Don't mean to mess with your head, but "no stops" only has to not work once, if you know what I mean. Hope you have a mental number in mind.
     
    #428     Feb 28, 2006
  9. Please make sure you post when you close your position, so we know. In this thread, please.
     
    #429     Feb 28, 2006
  10. OfmY

    OfmY

    Well, guys - 1.1360 is not a good price either going short or long.
    So it much depends on where you SL & TP is...good luck. :)

    News move the price, the trend directs it.

    On a short term basis it's a casino :)
     
    #430     Feb 28, 2006